As an old Lee who has been in the currency circle for 13 years, let me tell you about my memories. I believe many old Lees remember that 8 years ago, due to the huge increase in the pie, the central government’s investigation team settled in Huobi okcoin Bitcoin China. After a week of investigation, they then placed the spot. Free trading will no longer be available. It is said to be a crackdown on leveraged and high-risk investments. At that time, these three platforms were the big ones. Without leverage, a handling fee of about 2,000 yuan was added. Huobi’s 2013 trading will always be free. It also becomes history!

In 2017, ICOs in wine shops were booming, and many new tokens were not launched ten times or dozens of times. I am embarrassed to say that they have increased 📈Chengdu Blockchain Summit at that time, ppt road show on the stage, queuing up to pay money to subscribe for tokens in the exhibition area, and just listening to the conversation of a stranger next to me , it’s all about how many times your certain currency has increased. Scan the QR code in the on-site exhibition area to follow the official account to receive gifts🎁You can receive a sack. Everyone makes money in the bull market. As a result, the wine shop exchange was forced to close across the board in September🤣

Internal practitioners have always been unable to develop public chains compared to foreigners. Opening exchanges and mining are just like Apple processing plants in China that cannot be moved to the United States. They have always been the envy of foreigners. Wine shops and exchanges have refused to get out of the way, and Bitcoin has emerged from Shanghai. CoinChina is the earliest platform in the pot and was sold to Hong Kong people. Binance’s going overseas is equivalent to the loss of 2 listed companies in Shanghai🤣It can be mined later, and it was messed up by a big tiger in Jiangxi in the 519 incident. It’s really annoying and annoying to see these things Funny🤣

Beijing’s platform has almost gone. If 519 had come earlier, it’s unclear whether Canaan would have rung the bell so smoothly. On the day the bell was rung, there might not have been a large-screen advertisement in Hangzhou to congratulate 🐶 It’s a day of raising a baby. I’m a bit old and angry today. We don’t expect ETFs to happen here. As someone who has experienced the development of the industry, what I see is that we have grabbed a good hand. The big and small kings went out with four 2s. The soil here is not suitable for innovation, and it is destined not to grow good crops. .

Many people start making money easily in the currency circle, then lose money, and finally get stuck in it. Kimi’s answer to the novice protection period:

The novice protection period usually refers to a special period given to novice players or users in games, applications, or certain activities to help them adapt and learn better. During this period, novices may gain some advantages, such as lower failure penalties, additional resources, higher experience gain rates, etc. This design is designed to reduce frustration for newbies and encourage them to continue exploring and learning.

In addition, the concept of novice protection period is also used to describe that in real life, novices in certain fields (such as fishing, investment, etc.) may unexpectedly get good luck due to lack of experience. This phenomenon is sometimes called "novice's protection period". luck".

The specific meaning and application of the novice protection period may vary in different contexts, but the core idea is to provide a relatively easy and friendly starting environment for novices.

The virtue of a gentleman can be cut down in five generations. This is a sentence in "Mencius Li Lou Chapter 2", not three generations. It means that a gentleman with noble conduct and outstanding ability has worked hard to achieve a career, and the blessings and blessings left to future generations have been exhausted after several generations.
Similar to what we often say, you can only be rich for three generations, and if you are from a poor family, you have to be in the currency circle. But if you have experienced three bulls and bears and haven’t become rich yet, there must be a reason, including myself🤣

"Donation"
When I first started getting involved in cryptocurrencies, I viewed it as an investment. Later, I realized that this was actually speculation.
Later, I thought it was a bit like gambling. As time went on, I even began to wonder if there was a scam involved.
It wasn’t until recently that I realized it was actually like being mugged.
A friend of mine told me that my awareness and structure are not high enough. We're actually making donations. 😂🤣

Coin Friend: Fortunately, I have learned not to speculate in coins in the past few years.
Otherwise, I can’t even afford a mobile phone with Internet access. 😰

At lunch, at the next table, there was a beautiful internet celebrity wearing gloves 🧤 and a magnifying glass 🔍 looking at a bag and a watch ⌚️. There were also a few big bags with the words "Second-hand Trading" written on them. It turned out to be a second-hand luxury goods appraiser. I overheard their chat. The owner with her back to me was a single mother who had just returned to China. She was selling a Prada bag that was once out of stock for about 2,000 yuan. She had never worn a pair of shoes worth more than 1,000 yuan 👞. She said she was selling them for 200 yuan. All together, there were more than 20 items...

The appraiser said that after selling these, she could buy a tram 🚗 and relax and experience the scenery in China. The other party asked which car to buy? The judge blurted out, Weilai..., the other party laughed and said, Weilai wants to give you advertising fees, haha...

Regardless of gender, financial management should be a lifelong compulsory knowledge like learning addition, subtraction, multiplication and division. The family is essentially a perpetual company, and the company that people always stay in cannot be allowed to go bankrupt... You can buy luxury goods if you have money. Some limited edition bags may still resist inflation, but the liquidity may be weaker than that of high-quality houses. It becomes very troublesome to cash out when you need money urgently, or there will be a situation where there is a price but no market (second-hand houses are already)...

Coin circle old friends should feel fortunate. In fact, the coin circle is still a narrow door. Many people in the wall cannot open an account. Everyone in the coin market participates in an international market with good liquidity. Click the mouse 🖱️ and your cake will be exchanged for money 💰 without looking for or waiting for buyers everywhere...

When buying any commodity in the market, including copycat coins, you should think about whether it is well circulated and can be quickly cashed out? Is it worth buying? This is similar to learning a foreign language. It is one thing for you to understand what others say, but it is also one thing for you to communicate with them and make them understand you, which is the real and effective way to master the language...

Before the ICO craze from 2013 to 2017, many exchanges only had two currencies: Big Pie and Latiao. The depth of Latiao was very poor and typical of counterfeit goods... Only then did Ether and various tokens appear, and then public chains and platform coins appeared. Waiting for various concept coins...Before the ICO boom, novices started to enter the market to buy big cakes or spicy noodles. 17 years later, everyone focused on ICO and believed that their own coins were the most valuable. As a result, many coins that they thought were valuable became Coins without price🫣
Who is value investing? It’s not speculation, time is the best screening technology. The big pie never fails anyone. I used to say that I was the next big pie, but later I said that I was the next Ethereum... Most novices switch from#Bitcointo copycats, or enter The market directly plunges into the cottage, undergoes the baptism of bulls and bears, and then returns from the cottage to the big pie... Many people can never turn back, and are trapped in the bottomless abyss of the cottage... This is human nature🫣

📉The American devils got up and started to smash the market,
📈The American comrades got up and started to pull the market😂

Push token, the CX chip, is also a thunder. ⚡️Many people should have been in the bear market of the previous cycle. ① Gao, the CXO of the security company, lost a lot of money in the contract speculation... Many people in the currency circle have never seen so much money in their lives💰 This immediately reflects the other side of human nature🤭
Many people should have been in the bear market of the previous cycle. ① Gao, the CXO of the security company, lost a lot of money in the contract speculation... Many people in the currency circle have never seen so much money in their lives💰 This immediately reflects the other side of human nature🤭

Why did the Ethereum ETF not rise as fast as Bitcoin? Why did it fall even faster? ETH is a coin issued through ICO financing, BTC is produced by POW mining, and after Satoshi Nakamoto disappeared, the BTC he held was also in a similar locked state...
It's like a painter died, his paintings will only appreciate and become more valuable, the ETH Foundation has free chips from ICO, and there are also ETH financed by hot ICO projects, which are still crashing the market, so there are too many ETH insider warehouses, there is nothing we can do🤣

Yesterday, the market fell sharply, and the currency circle was in chaos. If a person who manages a lot of other people's money cannot control his own desires, it is easy for him to get into trouble. Will he embezzle public funds? In other words, if you can't even control your crotch, then you may not be suitable for this big casino that is always open... After AEX ran away, I found out that Huang Tianwei was this guy, spending money to buy lessons... So stay away from private life There are chaotic people and platforms, they can’t control their crotches, so why should they control your money? 🤔

Yesterday, there were a lot of people posting short orders and news about their own short positions in the currency circle yesterday. How many of them were calling for bargain hunting? They are all clowns🤡They are responsible for their own money. If they follow the teacher, they will easily go hungry for nine meals in three days🤔
Your profit is determined by the moment you buy, not when you sell, let alone rush in when the price rises. This is also one of the reasons why many people lose money in the bull market😂

No matter what time it is, you must leave yourself 2,000 yuan in capital, because you need to buy an electric vehicle when you switch to Meituan food delivery! 🤔🤣

Fellow currency industry veterans, come back🫣🤔

Uh, here comes another one 🤔 Futu is a platform that mainland users can’t use 😰
PS: This is the company that my friend in the circle left before...

The media reported that the August Blockchain Conference was held in Po County, Malay, South Korea, Japan, and Hong Kong, but not in mainland China. In the past, there was one every year in the mining capital Chengdu... I remember the Chengdu Blockchain Conference in 2017, and friends from Chongqing told me enviously. He said, there are so many activities in Chengdu, government leaders come here, Chongqing is a lot of heavy industry, there are very few activities like this... Even the girls in Chengdu KTV are speculating on coins, I didn’t expect that there are no large-scale activities like before in Chengdu or even the whole mainland😰

Everyone is posting content about Trump’s speech that is good for the cryptocurrency industry. In fact, politicians can say anything for votes 🗳️. Whether it can be fulfilled in the end is another matter... Biden was successful in the election, and the funds behind it were FTX Afro, (Afro as a Death is another story)…
There is nothing good for the currency circle. The real improvement of the currency circle should be that the amount of funds becomes larger, the market is bigger, and more real gold and silver hot money comes in, rather than the gossip of a certain candidate...

A day worth recording📝📅
On July 22, 2014, Ethereum officially raised 31,529 ₿ (1₿ for 2,000 ETH, about $0.15). Ten years later, the US Securities and Exchange Commission (SEC) officially approved the listing of the ETH spot ETF. Congratulations🎉

The Vice Presidential candidate of the United States holds 6% of the portfolio🫓
I wonder how many fakes and big pies you guys have? Maybe many (including me) don’t have 6% of the assets😰

The day before yesterday, another old man asked Brother Huang Bo why he keeps moving? To tell you the truth, wouldn’t I be able to see those in the picture below if it weren’t for this? 🤣Especially picture 2️⃣, that’s how we survived the bear market📉 that year🫣
How cold is the bear market📉? My good friend who has been fishing with me for more than 10 years asked him to buy some pancakes, which cost several thousand yuan each. He didn’t buy it, but he spent tens of thousands on one fishing trip (understand the carbon fiber fishing rods and herring stones, )😂🤣
At the same time, this content can only be posted on Twitter and here, but not on Weibo in WeChat Moments. If you see it, you will scold me. Why didn’t I brainwash him thoroughly back then? He would say that my CX capabilities are not enough... That guy worked for the same company as me back then. In 2015, I resigned early and went full-time to speculate in currencies. Later, he told me that the company was also developing currency business, and said that I was really brave. Gambling🤣This shows that it is a wise move to speculate in coins without bringing people around you🤔